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Digital Sky Technologies to acquire AOL's ICQ instant messaging service.
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Groupon receives $135 million from DST and Battery Ventures.
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Tencent invests $300M in DST and establishes strategic partnership.
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Odnoklassniki.ru launches applications platform.
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Vkontakte, with 50 million registered users, acquired VK.com domain name with plans to launch internationally in 40 languages in 2009.
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Verdi Israelian, former co-Head of CIS operations for Goldman Sachs SSG, has joined DST as a Partner to oversee its CIS operations. At Goldman Sachs in Moscow, Verdi has led several private equity investments in consumer, retail, new media and real estate sectors in Russia and Kazakhstan. Before Goldman Sachs, Verdi was a deputy head of Russia Investment Banking at Morgan Stanley and completed multiple IPO and M&A transactions, helping to raise over $5 billion for Russian corporates.
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Mail.ru reported its financial results for the fiscal year 2008. The company reported revenues of $74.6 million and net income of $34.3 million, which implies 46% net profit margin.
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Astrum Online Entertainment announced the roll-out of a new payment system specifically aimed at the industry of online entertainment and gaming.
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20 million accounts are now registered in Astrum Online Entertainment’s game products. The company’s user base is now growing at 50,000 new sign-ups daily.
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Nazar Yasin, former Internet Investment Banker at Goldman Sachs, has joined Forticom Group as a CEO to spearhead Forticom’s growth efforts. Vitaly Rubstein, founder and current CEO, will continue with the company as Chairman of the Board and Head of Product Development.
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Nival Online, which is a part of Astrum Online Entertainment, signed an agreement with Gala-Net Inc. on publication and operation of Allods Online, AOE’s cutting-edge free-to-play MMORPG game, in United States, Canada and Mexico.
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HeadHunter has become a member of The Network, an international network of 36 job-sites around the world, enabling employers that use hh.ru to now fill vacancies abroad without having to switch to services of international headhunting agencies.
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Apr, 03

The B2B-Center platform saw 2,131 transactions valued at over 11 billion Rubles in Q1 2009. The number of participants increased by 3,058 companies quarter over quarter and reached 24,154.
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Mail.ru signed a strategic partnership agreement with Astrum Online Entertainment, on distribution of Legend: Legacy of Dragons” game on Mail.ru’s portal. Any user of Mail.ru’s services can now get the gaming experience without any additional registration.
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Vkontakte.ru, the leading Russian social networking platform, reached a milestone of 30 million registered user accounts within just 30 months of operation. 1.5 billion daily page views generated by visitors to the site make it the most popular online service in Europe.
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Vkontakte.ru announced the roll-out of a cutting-edge self-service contextual advertising system. With the use of innovative targeting technology, the solution allows advertisers to have full control of their campaigns and gain significant return on investment.
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Odnoklassniki, the Russian social network that is part of the Forticom Group, reached a milestone of 30 million registered user accounts. The very first user profile was created in March 2006.
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Astrum Online Entertainment, the largest Russian developer and operator of online games, is penetrating the markets of Germany and China with its “Legend: Legacy of Dragons” game. In Germany the game will be marketed by Astrum GmbH and in China the company will cooperate with Snail Game on promoting the product.
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Jul, 30

Two of the three largest electronic payment operators on the Russian payment processing market, OSMP and E-port, have formed a unified entity, OE Investments, to streamline business processes, derive synergy from collaboration and further increase companies’ competitive advantage.